Private Sector and Enterprise Development

Private Sector and Enterprise Development

Fostering Growth in the Middle East and North Africa

Lois Stevenson

This important and well-researched book examines the challenges to private sector growth in twelve Middle East and North African (MENA) countries, assessing comparative performance against a number of indicators and focussing on the special role of SMEs and entrepreneurial activity.

Preface

Lois Stevenson

Subjects: development studies, development economics, economics and finance, development economics, social policy and sociology, migration

Extract

Much has been written about the political, economic and social dimensions and challenges of the Middle East and North Africa (MENA) (see Noland and Pack 2007; World Bank 2007b; AfDB and OECD 2008; Muasher 2008; Richards and Waterbury 2008; World Bank 2008d; IMF 2009b). These works cover the situation in different combinations of countries in the region depending on how they chose to define it and their particular perspectives and geopolitical interests. This book is concerned with the context for private sector development (PSD) including micro, small and medium enterprises (SMEs1), the PSD challenges and the relevant policy, institutional and research capacity, responses and needs in 12 MENA countries: Algeria (AG), Egypt (EG), Iraq (IQ), Jordan (JO), Lebanon (LE), Morocco (MA), Sudan (SD), Syria (SY), Tunisia (TN), Turkey (TR), the West Bank & Gaza (WB&G) and Yemen (YE), hereafter referred to as the MENA-12. The rationale for this particular selection of MENA countries is that they all fall within the geographic domain of the Middle East/North Africa Regional Office (MERO) of Canada’s International Development Research Centre (IDRC). The results shared in the book are based on a scoping study carried out by the IRDC from 2007 to 2009. Building on IDRC’s growing interest in the topic of PSD over the past few years and an expanding literature on PSD strategies as a vehicle for economic growth in developing countries, the book presents a diagnostic of the PSD challenges in the MENA-12 countries, offers conceptual frameworks for PSD, SME and entrepreneurship...